UNITED
STATES

SECURITIES
AND EXCHANGE COMMISSION

WASHINGTON,
D.C. 20549



FORM
10-K/A

Amendment
No. 1



ANNUAL
REPORT PURSUANT TO SECTION 13 OR 15(d) OF 
THE SECURITIES EXCHANGE ACT OF 1934



For
the fiscal year ended December 31, 2016



Commission File No. 333-209497



INBIT
CORP.

(Exact
name of registrant as specified in its charter)



|Nevada                              |  | 35-2517466             
|----------------------------------- |  | -----------------------
|(State
    or other jurisdiction of |  | (I.R.S.
    Employer   
|incorporation
    or organization)  |  | Identification
    No.)



L9-02,
Level 9, Brem Mall,

Jalan
Jambu Mawar, Off Jalan Kepong,

52000
Kuala Lumpur, Malaysia

(Address
of principal executive offices, zip code)



Tel:
(603) 6257 0088

Fax:
(603) 6242 7088

(Registrant’s
telephone number, including area code)



Securities
registered pursuant to Section 12(b) of the Act:

None



Securities
registered pursuant to section 12(g) of the Act: Common Stock, $0.001 par value



Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes [  ]
No [X]



Indicate
by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes [  ]
No [X]



Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [  ]



Indicate
by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every
Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12
months (or for such shorter period that the registrant was required to submit and post such files) Yes [  ] No
[X]



Indicate
by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not
be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference
in Part III of this Form 10-K or any amendment to this Form 10-K. [  ]



Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller
reporting company” in Rule 12b-2 of the Exchange Act. (Check one):



|Large
    accelerated filer | [  ] | Accelerated
    filer | [  ] | Non-accelerated
    filer      | [  ] | Smaller
    reporting company | [X]
|--------------------------- | ---- | --------------------- | ---- | ------------------------------ | ---- | ----------------------------- | ---
|                            |      |                       |      | (Do
    not check if a smaller |      |                               |    
|                            |      |                       |      | reporting
    company)         |      |                               |    



Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [X] No [  ]



The
Company has 75,000,000 shares of common stock authorized with a par value of $0.001 per share.



On
January 6, 2016, the Company issued 5,000,000 shares of its common stock at $0.001 per share for total proceeds of $5,000. In
April to June 2016, the Company issued 1,300,000 shares of its common stock at $0.02 per share for total $26,000.



At
December 31, 2016, the end of the Registrant’s most recently completed fiscal year, there were 6,300,000 shares of the Registrant’s
common stock, par value $0.001 per share, outstanding.


















EXPLANATORY
NOTE



We
are filing this Amendment No.1 on our Form 10-K/A for the year ended December 31, 2016 as filed with the Securities and Exchange
Commission on March 27, 2017, (the “Original Filing”) to correct the error under the disclosure controls and procedures
of Item 9A, “Controls and Procedures”. The error appears on page 8 of the Original Filing. In the third sentence of
that paragraph, Based on this evaluation, our principal executive officer and principal financial officer concluded as of the
evaluation date that our disclosure controls and procedures were effective as of December 31, 2016. The correct explanation is
as follows: “Based on this evaluation, our principal executive and principal financial officer concluded as of December
31, 2016, that our disclosure controls and procedures were not effective.”



This
Amendment No. 1 does not reflect events that may have occurred subsequent to the Original Filing Date. Accordingly, this
Amendment No. 1 should be read in conjunction with the Original Filingand our other SEC filings subsequent to the filing of the
Original 10-K as well as any other filings made by the Company with the SEC pursuant to Section 13(a) or 15(d) of Securities Exchange
Act of 1934, as amended, subsequent to the filing of the Original Filing.













INBIT
CORP.

TABLE
OF CONTENTS



|             |                                                                                                              | Page
    No.
|------------ | ------------------------------------------------------------------------------------------------------------ | ------------
|             | PART I                                                                                                       |             
|Item
    1.  | Business                                                                                                     | 3           
|Item
    1A. | Risk Factors                                                                                                 | 4           
|Item
    1B. | Unresolved Staff Comments                                                                                    | 4           
|Item
    2.  | Properties                                                                                                   | 4           
|Item
    3.  | Legal Proceedings                                                                                            | 4           
|Item
    4.  | Mine Safety Disclosure                                                                                       | 4           
|             |                                                                                                              |             
|             | PART II                                                                                                      |             
|             |                                                                                                              |             
|Item
    5.  | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 5           
|Item
    6.  | Selected Financial Data                                                                                      | 6           
|Item
    7.  | Management’s Discussion and Analysis of Financial Condition and Results of Operations                        | 6           
|Item
    7A. | Quantitative and Qualitative Disclosures About Market Risk                                                   | 6           
|Item
    8.  | Financial Statements and Supplementary Data                                                                  | 7           
|Item
    9.  | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure                         | 8           
|Item
    9A. | Controls and Procedures                                                                                      | 8           
|Item
    9B. | Other Information                                                                                            | 9           
|             |                                                                                                              |             
|             | Part III                                                                                                     |             
|             |                                                                                                              |             
|Item
    10. | Directors, Executive Officers and Corporate Governance                                                       | 10          
|Item
    11. | Executive Compensation                                                                                       | 14          
|Item
    12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters               | 15          
|Item
    13. | Certain Relationships and Related Transactions, and Director Independence                                    | 15          
|Item
    14. | Principal Accounting Fees and Services                                                                       | 15          
|             |                                                                                                              |             
|             | Part IV                                                                                                      |             
|             |                                                                                                              |             
|Item
    15. | Exhibits and Financial Statement Schedules                                                                   | 16          
|             | Signatures                                                                                                   | 17          



1







FORWARD-LOOKING
STATEMENTS



This
Annual Report on Form 10-K of Inbit Corp., a Nevada corporation, contains “forward-looking statements,” as defined
in the United States Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements
by terminology such as “may”, “will”, “should”, “could”, “expects”,
“plans”, “intends”, “anticipates”, “believes”, “estimates”, “predicts”,
“potential” or “continue” or the negative of such terms and other comparable terminology. These forward-looking
statements include, without limitation, statements about our market opportunity, our strategies, competition, expected activities
and expenditures as we pursue our business plan, and the adequacy of our available cash resources. Although we believe that the
expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity,
performance or achievements. Actual results may differ materially from the predictions discussed in these forward-looking statements.
The economic environment within which we operate could materially affect our actual results. Additional factors that could materially
affect these forward-looking statements and/or predictions include, among other things: the volatility of minerals prices, the
possibility that exploration efforts will not yield economically recoverable quantities of minerals, accidents and other risks
associated with mineral exploration and development operations, the risk that the Company will encounter unanticipated geological
factors, the Company’s need for and ability to obtain additional financing, the possibility that the Company may not be
able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration and development
plans, other factors over which we have little or no control; and other factors discussed in the Company’s filings with
the Securities and Exchange Commission (“SEC”).



Our
management has included projections and estimates in this Form 10-K, which are based primarily on management’s experience
in the industry, assessments of our results of operations, discussions and negotiations with third parties and a review of information
filed by our competitors with the SEC or otherwise publicly available. We caution readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made. We disclaim any obligation subsequently to revise any forward-looking
statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or
unanticipated events.



All
references in this Form 10-K to the “Company”, “Inbit”, “we”, “us,” or “our”
are to Inbit Corp.



2







PART
I



ITEM
1. BUSINESS



ORGANIZATION
WITHIN THE LAST TWO YEARS



On
September 30, 2014, the Company was incorporated under the laws of the State of Nevada.



Viktor
Zeziulia served as President, Secretary, Treasurer, Chief Executive Officer, Chief Financial Officer, Chief Accounting Officer,
Chairman of the Board of Directors and Director of the Company from September 30, 2014 until October 26, 2016.



On
October 26, 2016, Mr. Viktor Zeziulia resigned from all positions with the Company, including but not limited to, that of President,
Secretary, Treasurer, Chief Executive Officer, Chief Financial Officer, Chief Accounting Officer, Chairman of the Board of Directors
and Director of the Company. The resignation was not the result of any disagreement with the Company on any matter relating to
the Company’s operations, policies or practices.



On
October 26, 2016, (i) Mr. Tan Chee Hong was appointed the Company’s Director, Chief Executive Officer, Secretary (ii) Mr.
Choy Cheng Choong was appointed the Company’s Director, Chief Financial Officer and Treasurer, (iii) Mr. Loke Yeu Loong
was appointed the Company’s Director and President, (iv) and Mr. Zadey Che Wan Bin Abdullah Fadzil and Mr. Teo Joo Meng
were appointed as Independent Directors of the Company.



The
Company has 75,000,000 shares of common stock authorized with a par value of $0.001 per share.



On
January 6, 2016, the Company issued 5,000,000 shares of its common stock at $0.001 per share for total proceeds of $5,000. In
April to June 2016, the Company issued 1,300,000 shares of its common stock at $0.02 per share for total $26,000.



On
October 27, 2016, we issued 5,000,000 existing shares of common stock to our directors.



DESCRIPTION
OF BUSINESS



Our
principal offices are located at L9-02, Level 9, Brem Mall, Jalan Jambu Mawar, Off Jalan Kepong, 52000 Kuala Lumpur, Malaysia.



During
the financial year, the Company changed its principal activities from Computer Programming Services to Investment Holding following
the appointment of new Directors.



There
have been no significant changes during the financial year other than the changes as mentioned above.



EMPLOYEES



We
currently have no employees other than our directors.



[remainder
of page intentionally left blank]



3







ITEM
1A. RISK FACTORS



As
a “smaller reporting company,” as defined in Rule 12b-2 of the Exchange Act, we are not required to provide the information
called for by this Item.



ITEM
1B. UNRESOLVED STAFF COMMENTS



None.



ITEM
2. PROPERTIES



Our
current business address is L9-02, Level 9, Brem Mall, Jalan Jambu Mawar, Off Jalan Kepong, 52000 Kuala Lumpur, Malaysia. Our
telephone number is (603) - 6257 0088.



No
rental expense was paid or payable for the office.



We
believe that this space is adequate for our current needs.



ITEM
3. LEGAL PROCEEDINGS



We
are not currently involved in any legal proceedings and we are not aware of any pending or potential legal actions.



ITEM
4. (REMOVED AND RESERVED).



None.



4







PART
II



ITEM
5. MARKET FOR REGISTRANT’S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS MARKET INFORMATION



Since
April 28, 2016, our shares of common stock have been quoted on the OTC Bulletin Board and the OTCQB, under the ticker symbol “INBT”.



TRANSFER
AGENT



Our
transfer agent is Globex Transfer, LLC. Globex Transfer’s address is 780 Deltona Blvd., Suite 202, Deltona, FL 32725 and
their telephone number is (813) 344-4490.



HOLDERS



As
of December 31, 2016, the Company had 6,300,000 shares of our common stock issued and outstanding held by 39 holders of record.



DIVIDENDS



Historically,
we have not paid any dividends to the holders of our common stock and we do not expect to pay any such dividends in the foreseeable
future as we expect to retain our future earnings for use in the operation and expansion of our business.



RECENT
SALES OF UNREGISTERED SECURITIES



None.



SECURITIES
AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS



We
have not established any compensation plans under which equity securities are authorized for issuance.



PURCHASES
OF EQUITY SECURITIES BY THE REGISTRANT AND AFFILIATED PURCHASERS



We
did not sell any of our shares of common stock or other securities during the year ended December 31, 2016.



5







ITEM
6. SELECTED FINANCIAL DATA



As
a “smaller reporting company,” as defined in Rule 12b-2 of the Exchange Act, we are not required to provide the information
called for by this Item.



ITEM
7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS



RESULTS
OF OPERATIONS



We
have generated operating revenues of $4,500 since inception and have incurred $51,437 in operating expenses from inception through
December 31, 2016. We incurred net losses of $34,479 and $700 for the years ended December 31, 2016 and 2015, respectively. Our
net loss since inception (September 30, 2014) through December 31, 2016 was $35,504. The following table provides selected financial
data about our company for the years ended December 31, 2016 and 2015.



|                          |  | December
    31, 2016 |        |   | December
    31, 2015 |  
|------------------------- |  | --------------------- | ------ | - | --------------------- | -
|Balance Sheet Data        |  |                       |        |   |                       |  
|                          |  |                       |        |   |                       |  
|Cash and Cash Equivalents |  | $                     | -      |   |                       | $
|Total Assets              |  | $                     | -      |   |                       | $
|Total Liabilities         |  | $                     | 4,504  |   |                       | $
|Shareholders’ Deficit     |  | $                     | (4,504 | ) |                       | $



GOING
CONCERN



Inbit
Corp. is an investment holding company and currently has no operations. Our independent auditor has issued an audit opinion for
Inbit Corp. which includes a statement raising substantial doubt as to our ability to continue as a going concern.



LIQUIDITY
AND CAPITAL RESOURCES



Our
cash balance at December 31, 2016 was $0 with $4,504 in outstanding liabilities. Total expenditures over the next 12 months are
expected to be approximately $100,000. If we experience a shortage of funds prior to generating revenues from operations we may
utilize funds from our directors, who have informally agreed to advance funds to allow us to pay for operating costs, however
they have no formal commitment, arrangement or legal obligation to advance or loan funds to us. Management believes our current
cash balance will not be sufficient to fund our operations for the next six months.



OFF-BALANCE
SHEET ARRANGEMENTS



We
have no off-balance sheet arrangements.



ITEM
7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK



As
a “smaller reporting company,” as defined in Rule 12b-2 of the Exchange Act, we are not required to provide the information
called for by this Item.



6







ITEM
8. FINANCIAL STATEMENTS







INBIT
CORP.



(A
Development Stage Company)



FINANCIAL
STATEMENTS





















































7









REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



To the Board of Directors and Stockholders

Inbit Corp.

(A Development Stage Company)



We have audited the accompanying consolidated
balance sheet of Inbit Corp. (A Development Stage “Company”) as of December 3 1, 2016, and the related statement of income,
changes in stockhokders’ equity and cash flows for the year then ended December 31, 2016. These consolidated financial statements
are the responsibility of the Company’s management. Our responsibifity is to express an opinion on these consolidated financial
statements based on our audits. The financial statements of Inbit Corp as of December 31, 2015, were audited by other auditors
whose repott dated February 2, 2016, expressed an unqualified opinion on those statements.



We conducted our audits in accordance with
the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform
the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company
was not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit
included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate
in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over
financial reporting. Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides
a reasonable basis for our opinion.



In our opinion, the financial statements referred
to above present fairly, in all material respects, the financial position of Inbit Corp. as of December 31, 2016, and the result
of its operations and its cash flows for the year then ended December 31, 2016 in conformity with U.S. generally accepted accounting
principles.



The financial statements have been prepared
assuming that the Company will continue as a going concern. As discussed in Note 1 to the financial statements, the Company’s
losses from operations and no operation raise substantial doubt about its ability to continue as a going concern. Management’s
plans regarding those matters also are described in Note 1. The financial statements do not include any adjustments that might
result from the outcome of this uncertainty.





|/s/
    WELD ASIA ASSOCIATES | 
|---------------------------- | 
|WELD
    ASIA ASSOCIATES     | 
|Date:
    March 17, 2017     | 
|Kuala
    Lumpur,            | 
|Malaysia                     | 



F-1







INBIT
CORP.



(A
Development Stage Company)



BALANCE
SHEETS



|                                                                                                                                                                                                         |  | December
    31, 2016 |         |   | December
    31, 2015 | 
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | --------------------- | ------- | - | --------------------- | 
|                                                                                                                                                                                                         |  | -
    $ -             |         |   | -
    $ -             | 
|ASSETS                                                                                                                                                                                                   |  |                       |         |   |                       | 
|Current
    assets                                                                                                                                                                                       |  |                       |         |   |                       | 
|Cash                                                                                                                                                                                                     |  |                       | -       |   |                       | 
|Total
    assets                                                                                                                                                                                         |  |                       | -       |   |                       | 
|LIABILITIES                                                                                                                                                                                              |  |                       |         |   |                       | 
|Current
    liabilities                                                                                                                                                                                  |  |                       |         |   |                       | 
|Accrued liabilities                                                                                                                                                                                      |  |                       | 4,504   |   |                       | 
|Loan
    from related parties                                                                                                                                                                            |  |                       | -       |   |                       | 
|Total
    liabilities                                                                                                                                                                                    |  |                       | 4,504   |   |                       | 
|STOCKHOLDERS’
    EQUITY(DEFICIT)                                                                                                                                                                        |  |                       |         |   |                       | 
|                                                                                                                                                                                                         |  |                       |         |   |                       | 
|Common stock                                                                                                                                                                                             |  |                       |         |   |                       | 
|Authorized:                                                                                                                                                                                              |  |                       |         |   |                       | 
|Common stock, $0.001
    par value, 75,000,000 shares authorized; 6,300,000 shares issued and outstanding at December 31, 2016 and 0 shares issued
    and outstanding at December 31, 2015 respectively |  |                       | 6,300   |   |                       | 
|Additional paid in
    capital                                                                                                                                                                           |  |                       | 24,700  |   |                       | 
|Deficit
    accumulated during the development stage                                                                                                                                                     |  |                       | (35,504 | ) |                       | 
|Total
    stockholders’ deficit                                                                                                                                                                          |  |                       | (4,504  | ) |                       | 
|Total
    liabilities and stockholders’ equity                                                                                                                                                           |  |                       | -       |   |                       | 



The
accompanying notes are an integral part of these financial statements



F-2







INBIT
CORP.

(A
Development Stage Company)



STATEMENTS
OF INCOME



|                                                  |  |                       |           |   |                       |  |       | Period
    from         | 
|------------------------------------------------- |  | --------------------- | --------- | - | --------------------- |  | ----- | ----------------------- | 
|                                                  |  |                       |           |   |                       |  |       | September
    30,       | 
|                                                  |  | Year
    ending       |           |   | Year
    ending       |  |       | 2014
    (Inception) to | 
|                                                  |  | December
    31, 2016 |           |   | December
    31, 2015 |  |       | December
    31, 2016   | 
|                                                  |  | -
    $ -             |           |   | -
    $ -             |  |       | -
    $ -               | 
|                                                  |  |                       |           |   |                       |  |       |                         | 
|Revenue                                           |  |                       | 4,500     |   |                       |  | -     |                         | 
|Other income                                      |  |                       | 11,433    |   |                       |  | -     |                         | 
|Operating expenses                                |  |                       |           |   |                       |  |       |                         | 
|General
    and administrative expenses           |  |                       | 50,412    |   |                       |  | 700   |                         | 
|Net loss from
    operations                      |  |                       | (34,479   | ) |                       |  | (700  | )                       | 
|Net loss                                          |  |                       | (34,479   | ) |                       |  | (700  | )                       | 
|Basic and diluted
    net loss per share          |  |                       | (0.00     | ) |                       |  | (0.00 | )                       | 
|Weighted average number of shares
    outstanding |  |                       | 5,827,616 |   |                       |  | -     |                         | 



The
accompanying notes are an integral part of these financial statements



F-3







INBIT
CORP.

(A
Development Stage Company)



STATEMENTS
OF STOCKHOLDERS’ EQUITY

FOR
THE PERIOD FROM SEPTEMBER 30, 2014 (INCEPTION) TO DECEMBER 31, 2016



|                                                         |  |                  |           |  |          |  |       |            |  |  | Deficit     |  |  |     |        
|-------------------------------------------------------- |  | ---------------- | --------- |  | -------- |  | ----- | ---------- |  |  | ----------- |  |  | --- | -------
|                                                         |  |                  |           |  |          |  |       |            |  |  | Accumulated |  |  |     |        
|                                                         |  |                  |           |  |          |  |       | Additional |  |  | During      |  |  |     |        
|                                                         |  |                  |           |  |          |  |       | Paid-in    |  |  | Development |  |  |     |        
|                                                         |  | Common
    Stock |           |  | Capital  |  |       | Stage      |  |  | Total       | 
|                                                         |  | Number           |           |  | -$
    - |  |       | -$
    -   |  |  | -$
    -    |  |  | -$- |        
|                                                         |  |                  |           |  |          |  |       |            |  |  |             |  |  |     |        
|Balance, September 30, 2014 (Inception)                  |  |                  | -         |  |          |  | -     |            |  |  | -           |  |  |     | -      
|Net
    loss                                             |  |                  | -         |  |          |  | -     |            |  |  | -           |  |  |     | (325   
|Balance, December 31, 2014                               |  |                  | -         |  |          |  | -     |            |  |  | -           |  |  |     | (325   
|Net loss                                                 |  |                  | -         |  |          |  | -     |            |  |  | -           |  |  |     | (700   
|Balance, December 31, 2015                               |  |                  | -         |  |          |  | -     |            |  |  | -           |  |  |     | (1,025 
|Common stock issued for cash at $0.001
    per     share |  |                  | 5,000,000 |  |          |  | 5,000 |            |  |  | -           |  |  |     | -      
|Common stock issued for cash at $0.02
    per share      |  |                  | 1,300,000 |  |          |  | 1,300 |            |  |  | 24,700      |  |  |     | -      
|Net loss                                                 |  |                  | -         |  |          |  | -     |            |  |  | -           |  |  |     | (34,479
|Balance, December 31, 2016                               |  |                  | 6,300,000 |  |          |  | 6,300 |            |  |  | 24,700      |  |  |     | (35,504



The
accompanying notes are an integral part of these financial statements



F-4







INBIT
CORP.



(A
Development Stage Company)



STATEMENTS
OF CASH FLOWS



|                                                                                |  |                       |         |   |                       |  |      | Period
    from         | 
|------------------------------------------------------------------------------- |  | --------------------- | ------- | - | --------------------- |  | ---- | ----------------------- | 
|                                                                                |  |                       |         |   |                       |  |      | September
    30,       | 
|                                                                                |  | Year
    ending       |         |   | Year
    ending       |  |      | 2014
    (Inception) to | 
|                                                                                |  | December
    31, 2016 |         |   | December
    31, 2015 |  |      | December
    31, 2016   | 
|                                                                                |  | -
    $ -             |         |   | -
    $ -             |  |      | -
    $ -               | 
|                                                                                |  |                       |         |   |                       |  |      |                         | 
|CASH FLOWS FROM
OPERATING ACTIVITIES                                            |  |                       |         |   |                       |  |      |                         | 
|Net loss                                                                        |  |                       | (34,479 | ) |                       |  | (700 | )                       | 
|Adjustments for:                                                                |  |                       |         |   |                       |  |      |                         | 
|Depreciation                                                                    |  |                       | 350     |   |                       |  | -    |                         | 
|Equipment written
    off                                                       |  |                       | 1,750   |   |                       |  | -    |                         | 
|Adjustments to reconcile net loss to
    net cash used in operating activities: |  |                       |         |   |                       |  |      |                         | 
|Changes in:                                                                     |  |                       |         |   |                       |  |      |                         | 
|Accrued
    liabilities                                                         |  |                       | 4,504   |   |                       |  | -    |                         | 
|NET
    CASH USED IN OPERATING ACTIVITIES                                       |  |                       | (27,875 | ) |                       |  | (700 | )                       | 
|                                                                                |  |                       |         |   |                       |  |      |                         | 
|CASH FLOWS FROM
    INVESTING ACTIVITIES                                        |  |                       |         |   |                       |  |      |                         | 
|Purchase of equipment                                                           |  |                       | (2,100  | ) |                       |  | -    |                         | 
|NET
    CASH USED IN INVESTING ACTIVITIES                                       |  |                       | (2,100  | ) |                       |  | -    |                         | 
|                                                                                |  |                       |         |   |                       |  |      |                         | 
|CASH FLOWS FROM
    FINANCING ACTIVITIES                                        |  |                       |         |   |                       |  |      |                         | 
|Repayment of loan from shareholder                                              |  |                       | (1,075  | ) |                       |  | -    |                         | 
|Proceeds from sale of common stock                                              |  |                       | 31,000  |   |                       |  | -    |                         | 
|Proceedsfrom loan from shareholder                                              |  |                       | -       |   |                       |  | 750  |                         | 
|NET
    CASH PROVIDED BY FINANCING ACTIVITIES                                   |  |                       | 29,925  |   |                       |  | 750  |                         | 
|                                                                                |  |                       |         |   |                       |  |      |                         | 
|NET (DECREASE)/INCREASE
    IN CASH                                             |  |                       | (50     | ) |                       |  | 50   |                         | 
|CASH, BEGINNING
    OF PERIOD                                                   |  |                       | 50      |   |                       |  | -    |                         | 
|CASH, END OF
    PERIOD                                                         |  |                       | -       |   |                       |  | 50   |                         | 
|                                                                                |  |                       |         |   |                       |  |      |                         | 
|Supplemental cash
    flow information:                                         |  |                       |         |   |                       |  |      |                         | 
|Interest paid                                                                   |  |                       | -       |   |                       |  | -    |                         | 
|Income taxes paid                                                               |  |                       | -       |   |                       |  | -    |                         | 



The
accompanying notes are an integral part of these financial statements



F-5







INBIT
CORP.



(A
Development Stage Company)

NOTES
TO THE FINANCIAL STATEMENTS



1.       NATURE
OF OPERATIONS



The
Company was incorporated in the State of Nevada on September 30, 2014 and its year-end is December 31. The Company is a development
stage company and is currently seeking new business opportunities.



Going
concern



These
financial statements have been prepared on a going concern basis. The Company has incurred losses since inception resulting in
an accumulated deficit of $35,504 at December 31, 2016 and further losses are anticipated in the development of its business raising
substantial doubt about the Company’s ability to continue as a going concern. Its ability to continue as a going concern
is dependent upon the ability of the Company to generate profitable operations in the future and/or to obtain the necessary financing
to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management has plans
to seek additional capital through a private placement of its common stock or further director loans as needed. These financial
statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts
of and classification of liabilities that might be necessary in the event the Company cannot continue.



2.       SUMMARY
OF SIGNIFICANT ACCOUNTING POLICIES



Basis
of presentation



These
financial statements are presented in United States dollars and have been prepared in accordance with United States generally
accepted accounting principles.



Use
of estimates and assumptions



The
preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities
at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company
bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable
under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities
and the accrual of costs and expenses that are readily apparent from other sources. The actual results experienced by the Company
may differ materially from the Company’s estimates. To the extent there are material differences, future results may be
affected. Estimates used in preparing these financial statements include the carrying value of the equipment, deferred income
tax amounts, rates and timing of the reversal of income tax differences.



Loss
per common share



Basic
earnings per share includes no dilution and is computed by dividing income available to common stockholders by the weighted average
number of common shares outstanding for the period. Dilutive earnings per share reflect the potential dilution of securities that
could share in the earnings of the Company. Because the Company does not have any potentially dilutive securities, diluted loss
per share is equal to the basic loss per share.



F-6







INBIT
CORP.

(A
Development Stage Company)

NOTES
TO THE FINANCIAL STATEMENTS



Comprehensive
Loss



For
all periods presented, the Company has no items that represent a comprehensive loss and, therefore, has not included a statement
of comprehensive loss in these financial statements.



Financial
instruments



The
fair value of the Company’s financial instruments consisting of cash, accounts payable, and amounts due to related party
approximate their carrying values due to the immediate or short-term maturity of these financial instruments. The Company operates
in Malaysia and therefore is exposed to foreign exchange risk. It is the management’s opinion that the Company is not exposed
to significant interest or credit risks arising from these financial instruments.



Income
taxes



Deferred
income taxes are provided for tax effects of temporary differences between the tax basis of asset and liabilities and their reported
amounts in the financial statements. The Company uses the liability method to account for income taxes, which requires deferred
taxes to be recorded at the statutory rate expected to being in effect when the taxes are paid. Valuation allowances are provided
for a deferred tax asset when it is more likely than not that such asset will not be realized.



Management
evaluates tax positions taken or expected to be taken in a tax return. The evaluation of a tax position includes a determination
of whether a tax position should be recognized in the financial statements, and such a position should only be recognized if the
Company determines that it is more likely than not that the tax position will be sustained upon examination by the tax authorities,
based upon the technical merits of the position. For those tax positions that should be recognized, the measurement of a tax position
is determined as being the largest amount of benefit that is greater than fifty percent likely of being realized upon ultimate
settlement.



Stock-based
compensation



The
Company has not adopted a stock option plan and therefore has not granted any stock options. Accordingly, no stock-based compensation
has been recorded to date.



Foreign
Currency Translation



Foreign
denominated monetary assets and liabilities are translated to their United States dollar equivalents using foreign exchange rates
which prevailed at the balance sheet date. Expenses are translated at average rates of exchange during the period. Related translation
adjustments are reported as a separate component of stockholders’ equity, whereas gains or losses resulting from foreign currency
transactions are included in the results of operations.



Recent
Accounting Pronouncements



The
Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and
does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact
on its financial position or results of operations.



F-7







INBIT
CORP.



(A
Development Stage Company)

NOTES
TO THE FINANCIAL STATEMENTS



3.       DUE
TO RELATED PARTY



The
amounts are unsecured, bear no interest and are payable on demand.



4.       INCOME
TAXES



As
of December 31, 2016, the Company has estimated tax loss carry forwards for tax purpose of approximately $35,504, which expire
by 2035. These amounts may be applied against future taxable income. Future tax benefits which may arise as a result of these
losses have not been recognized in these financial statements, as their realization has not been determined to be more likely
than not to occur.



The
actual income tax provisions differ from the expected amounts calculated by applying the statutory income tax rate to the Company’s
loss before income taxes. The components of these differences are as follows:



|                                                        |  | 2016 |         |   | 2015 |  
|------------------------------------------------------- |  | ---- | ------- | - | ---- | -
|Loss before income tax                                  |  | $    | 34,479  |   |      | $
|Statutory tax rate                                      |  |      | 34      | % |      |  
|Expected recovery of income taxes at
    standard rates |  |      | 11,723  |   |      |  
|Change in valuation allowance                           |  |      | (11,723 | ) |      |  
|Income tax provision                                    |  | $    | -       |   |      | $
|Components of deferred tax asset:                       |  |      |         |   |      |  
|Non-capital tax loss carry forwards                     |  | $    | 12,072  |   |      | $
|Less: valuation
    allowance                           |  |      | (12,072 | ) |      |  
|Net deferred
    tax asset                              |  | $    | -       |   |      | $



The
Company has filed income tax returns since inception in the United States. Both taxing authorities prescribe penalties for failing
to file certain tax returns and supplemental disclosure. Upon filing there could be penalties an interest assessed. Such penalties
vary by jurisdiction and by assessing practices and authorities. As the Company has incurred losses since inception there would
be no known or anticipated exposure to penalties for income tax liability. However, certain jurisdictions may assess penalties
for failing to file returns and other disclosures and for failing to file other supplemental information associated with foreign
ownership, debt and equity position. Inherent uncertainties arise over tax positions taken with respect to transfer pricing, related
party transactions, tax credits, tax based incentives and stock based transactions. Management has considered the likelihood and
significance of possible penalties associated with its current and intended filing positions and has determined, based on their
assessment, that such penalties, if any, would not be expected to be material.



5.       SUBSEQUENT
EVENTS



In
accordance with ASC 855, Subsequent Events, the Company has evaluated subsequent events through the date of issuance of the audited
financial statements.



F-8







ITEM
9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON FINANCIAL DISCLOSURE



None.



ITEM
9A. CONTROLS AND PROCEDURES



DISCLOSURE
CONTROLS AND PROCEDURES



Under the supervision and with the participation of our management, including our principal executive officer
and the principal financial officer, we are responsible for conducting an evaluation of the effectiveness of the design and operation
of our internal controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934,
as of the end of the fiscal year covered by this report. Disclosure controls and procedures means that the material information
required to be included in our Securities and Exchange Commission (“SEC”) reports is recorded, processed, summarized
and reported within the time periods specified in SEC rules and forms relating to our company, including any consolidating subsidiaries,
and was made known to us by others within those entities, particularly during the period when this report was being prepared. Based
on this evaluation, our principal executive and principal
financial officer concluded as of December 31, 2016, that our disclosure controls and procedures were not effective.



The matters involving internal controls and procedures that our management considered to be material weaknesses
under the standards of the Public Company Accounting Oversight Board were: (1) lack of a functioning audit committee due to a lack
of a majority of independent members and a lack of a majority of outside directors on our board of directors, resulting in ineffective
oversight in the establishment and monitoring of required internal controls and procedures; (2) inadequate segregation of duties
consistent with control objectives, resulting a lack of proper segregation of duties necessary to insure that all transactions
are accounted for accurately and in a timely manner.; (3) ineffective controls over period end financial disclosure and reporting
processes. The aforementioned material weaknesses were identified by our principal financial officer in connection with the review
of our financial statements as of December 31, 2016.



Management believes that the material weaknesses set forth in items (2) and (3) above did not have an effect
on our financial results. However, management believes that the lack of a functioning audit committee and the lack of a majority
of outside directors on our board of directors results in ineffective oversight in the establishment and monitoring of required
internal controls and procedures, which might result in a material misstatement in our financial statements in future periods.



8







MANAGEMENT’S
ANNUAL REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING



As of December 31, 2016, management assessed the effectiveness of our internal control over financial reporting.
The Company’s management is responsible for establishing and maintaining adequate internal control over financial reporting for
the Company. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities
Exchange Act of 1934, as amended, as a process designed by, or under the supervision of, the Company’s principal
executive officer and principal financial officer effected by the Company’s Board of Directors, management and other personnel,
to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for
external purposes in accordance with generally accepted accounting principles in the United States of America and includes those
policies and procedures that:



| | ● | Pertain
    to the maintenance of records that in reasonable detail accurately and fairly reflect our transactions and dispositions of
    our assets;                                                                                                                                      
| | - | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |   |                                                                                                                                                                                                                                                                                             
| | ● | Provide
    reasonable assurance our transactions are recorded as necessary to permit preparation of our financial statements in accordance
    with GAAP, and that receipts and expenditures are being made only in accordance with authorizations of our management and
    directors; and
| |   |                                                                                                                                                                                                                                                                                             
| | ● | Provide
    reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets
    that could have a material effect on the financial statement.                                                                                   



Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.
Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate
because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. All
internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be
effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Because of the
inherent limitations of internal control, there is a risk that material misstatements may not be prevented or detected on a timely
basis by internal control over financial reporting. However, these inherent limitations are known features of the financial reporting
process. Therefore, it is possible to design into the process safeguards to reduce, though not eliminate, this risk.



In
evaluating the effectiveness of our internal control over financial reporting, our management used the criteria set forth by
the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) in Internal Control –
Integrated Framework (2013) and SEC guidance on conducting such assessments. Management’s assessment included an evaluation
of the design of our internal control over financial reporting and testing of the operational effectiveness of these controls.
Based on this assessment, management has concluded that as of December 31, 2016, our internal control over financial reporting
was not effective to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial
statements for external purposes in accordance with U.S. generally accepted accounting principles. The matters involving internal
controls and procedures that our management considered to be material weaknesses under the standards of the Public Company Accounting
Oversight Board were: (i) lack of a functioning audit committee due to a lack of a majority of independent members and a lack of
a majority of outside directors on our board of directors, resulting in ineffective oversight in the establishment and monitoring
of required internal controls and procedures; (ii) inadequate segregation of duties consistent with control objectives; and (iii)
ineffective controls over period end financial disclosure and reporting processes. The
aforementioned material weaknesses were identified by our principal financial officer and principal accounting officer, in connection
with the review of our financial statements as of December 31, 2016.



In an effort to remediate the identified
material weaknesses and other deficiencies and enhance our internal controls, we have initiated, or plan to initiate, the following
series of measures:



| | 1. | We
    plan to appoint one or more outside directors to our board of directors who shall be appointed to an audit committee resulting
    in a fully functioning audit committee who will undertake the oversight in the establishment and monitoring of required internal
    controls and procedures such as reviewing and approving estimates and assumptions made by management when funds are available
    to us.                                                                                                                           
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
| | 2. | We
    plan to create a position to segregate duties consistent with control objectives and will increase our personnel resources
    and technical accounting expertise within the accounting function when funds are available to us. The accounting personnel
    is responsible for reviewing the financing activities, facilitate the approval of the financing, record the information regarding
    the financing, and submit SEC filing related documents to our legal counsel in order to comply with the filing requirements
    of SEC.
| |    |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
| | 3. | We
    plan to prepare written policies and procedures for accounting and financial reporting to establish a formal process to close
    our books monthly on an accrual basis and account for all transactions, including equity and debt transactions.                                                                                                                                                                                                                                                                                          



We anticipate that these initiatives will be at least partially, if not fully, implemented by the end of fiscal
year 2018.



CHANGES
IN INTERNAL CONTROL OVER FINANCIAL REPORTING.



There were no changes in the Company’s internal control over financial reporting for the year ended
December 31, 2016 that have materially affected, or that are reasonably likely to materially affect, our internal control over
financial reporting.



ITEM
9B. OTHER INFORMATION.



None.



9







PART
III



ITEM
10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE



On
the Closing Date, Mr. Zeziulia resigned all officer positions with the Company and resigned as Chairman of the Board (but remained
a Board member). Mr. Zeziulia also resigned as a director of the Company, provided that his resignation is subject to and not
effective until the close of business on the l0th day after the Company distributes an information statement to its shareholders
in accordance with SEC Rule 14f-1. The Company did not have any committees, and therefore Mr. Zeziulia never served on any committees.
Mr. Zeziulia did not resign as a result of any disagreement with the Company.



Our
executive officer’s and director’s and their respective age’s as of the date of this annual report on March
17, 2017 are as follows:



|Name                                  |  | Age |  | Positions
    and Offices             
|------------------------------------- |  | --- |  | --------------------------------------
|                                      |  |     |  |                                       
|Tan
    Chee Hong                     |  | 48  |  | CEO,
    Secretary, Director, Chairman
|Choy
    Cheng Choong                 |  | 56  |  | CFO,
    Treasurer, Director          
|Loke
    Yeu Loong                    |  | 53  |  | President,
    Director               
|Teo
    Joo Meng                      |  | 56  |  | Director                              
|Zadey
    Che Wan Bin Abdullah Fadzil |  | 39  |  | Director                              



The
executive officers and directors named above will serve until the next annual meeting of the stockholders or until their respective
resignation or removal from office. Thereafter, directors are anticipated to be elected for one-year terms at the annual stockholders’
meeting. Officers will hold their positions at the pleasure of the Board of Directors, absent any employment agreement, of which
none currently exists or is contemplated.



Set
forth below is a brief description of the background and business experience of our executive officers and directors.



Tan
Chee Hong- Chief Executive Officer, Secretary, Chairman of the Board, Director



Mr.
Tan Chee Hong graduated from University of Science Malaysia with a Bachelor of Science degree in Business Management. In addition,
he obtained his MBA from University of Portsmouth, UK in 1998. He is a Secretary General in Malaysia Bird’s Nest Upstream and
Downstream Industry Association. Also, he is the advisor for Youth Entrepreneurs Society, the University Nottingham Malaysia.



From
1994 to 2003, Mr. Tan has 11 years of experience with one of the leading Japanese conglomerate company, Nagase & Co Ltd, for
corporate and strategic planning, regional business development in Asia Pacific and held key executive positions in managing cross
border business and had served in various overseas portfolios in Tokyo, Shanghai and Singapore. From 2003 to 2005, he was the
CEO of Lexxus Biotech (M) Sdn Bhd, the subsidiary company of DTH Corporation, being one of the first bioinformatics company in
the country, frontier in project management with local research & development institutions. With vast experience in international
trade for industrial business of specialty chemicals, electronics, semiconductor, engineering plastics, healthcare medical and
biotechnology, he has forged key technical alliance with foreign biotechnology company to manage and lead the Malaysian research
and development operations for pharmaceuticals industry. Since 2009, Mr. Tan is the Executive Director of Swiftlet Eco Park Holdings
Sdn Bhd, the Group Executive Director and Chief Executive Officer for Swiftlet Eco Park Berhad, RBN Global Berhad, Royal Bird’s
Nest Sdn Bhd, RBN Aesthetic Wellness Sdn Bhd, the members of Swiftlet Eco Park Group of Companies, leads and manages the global
business growth and cross border business development of the Group.



Mr.
Tan’s experience in leadership and business development as well as his academic background, has led the Board of Director to reach
the conclusion that he should serve as a Director and Chief Executive Officer of the Company. On October 26, 2016, Mr. Tan was
appointed as the Chief Executive Officer and Director of the Company.



Choy
Cheng Choong- Chief Financial Officer, Treasurer, Director



Mr
Choy Cheng Choong obtained his professional accounting qualification from the Chartered Institute of Management Accountants (CIMA)
in United Kingdom lrl.1992. He is a Fellow Member of the CIMA, the highest grade of membership that a professional can achieve.



From
May 1989 to September 1995, Mr. Choy joined Pico International (M) Sdn Bhd as Group Finance & Administration Manager where
he is overall responsible for Pico Group of Companies finance and administrative functions with annual turnover of about RM40
million. Since 2009, Mr Choy serves as a Director in Swiftlet Eco Park Holdings Sdn Bhd.



10







Mr.
Choy’s financial background and his professional qualification as well as his business experience, has led the Board of Director
to reach the conclusion that he should serve as a Director and Chief Financial Officer of the Company. On October 26, 2016, Mr.
Choy was appointed as the Chief Financial Officer of the Company.



Loke
Yeu Loong– President, Director



Mr.
Loke Yeu Loong joined Naga Sakti Sdn Bhd as Operations Manager in 1986, responsible for all the sales, marketing and administration
activities. Naga Sakti Sdn Bhd is a joint venture between Sg Gadut Development Sdn Bhd and Blue Circle Group U.K one of the world’s
largest manufacturer of allied building products. In 1990, Mr. Loke joined MBF Property Services as Senior Manager responsible
for property development projects in Penang and the Klang Valley. He was subsequently posted to Johor as Head of Sales & Marketing
for the southern region. He has managed over twenty property development projects and oversee the Sales & Marketing team.
From 1995 to 2004, he was appointed as the Chief Operating Officer and Executive Director of DTH Corporation Group of Company.
His responsibility is to oversee and lead the operation of the organization, business development and cross border development.
Since 2009, Mr. Loke was appointed as the Group Managing Director of Swiftlet Eco Park Group of Companies and Bio Perak Sdn Bhd.
Bio Perak Sdn Bhd is a joint venture company with the Perak State Development Corporation and it acts as the Promoter of Biotechnology
Industry for The State Government of Perak. His responsibility as Managing Director is to oversee the management team and direct
the activities and productivity of the entire group.



Mr.
Loke is a member of the Working Group on Good Animal Husbandry practice (GAHP) for Edible-Nest Swiftlet Ranching, with SIRIM Berhad,
assisting in the formulation of industrial standard, for the Industry Standards Committee (ISC). He has also attended Swiftlet
Ranching Industry Workshop organized by Department of Veterinary Services, Ministry of Agriculture & Agro-Based Industry Malaysia,
by setting up of guidelines of Swiftlet Ranching Industry for Malaysia.



Mr.
Loke’s experience in business and corporate management, has led the Board of Director to reach the conclusion that he should serve
as a Director of the Company. On October 26, 2016, Mr. Loke was appointed as the President and the Director of the Company.



Teo
Joo Meng– Director



Mr.
Teo Joo Meng, obtained his Master in Business Management (MBA) from the Shu-Te University of Taiwan in 2010.



Mr.
Teo serves as a Non-Executive Director of Swiftlet Eco Park Holdings Sdn Bhd. He has been engaged in research, training and manufacturing
for his passion in cosmetic and skin care industry for more than 20 years of experience. He has had also held various senior management,
clinical and research appointments in various niche healthcare sectors over the past several years, in Malaysia and abroad. He
is instrumental in establishing the fundamental requirement and design the framework of the set up of aesthetic wellness business
in the Group.



Mr.
Teo’s experience in cosmetic and skin care industry has led the Board of Director to reach the conclusion that he should serye
as a Director of the Company. On October 26, 2016, Mr. Teo was appointed as the Director of the Company.



Zadey
Che Wan Bin Abdullah Fadzil– Director



Mr.
Zadey Che Wan Bin Abdullah Fadzil, completed his diploma in Architectural Technology with Lim Kong Wing Institute of Creative
Technology in year 1999. In 2003, he obtained his degree in Information Technology from Help Institute Kuala Lumpur.



In
year 2004, Mr. Zadey Che Wan Bin Abdullah Fadzil was the head of customer service, sales & marketing department of Mango Dot
Net Sdn Bhd, a broadband service company. His main responsibility is overseeing and leading the customer service department and
sales & marketing department. Since year 2006, he serves as an executive director in Perak Communication Technology Sdn Bhd
and Perak Integrated Networking Services Sdn Bhd. He is responsible for establishing excellent rapport with the State Government
officers, Local Authority officers, Telcos officers and External Technical Agency officers to smoothen and to complete the whole
operations of submission, permitting and legalization process and carry out the functions as a “One Stop Centre” and
facilitator for the compliance submission for location and construction of new Infrastructures on behalf of the State Government
and telecommunication providers with other state agencies or other relevant authorities. ln 2016, he serves as a director in Swiftlet
Eco Park Bhd. His responsibility is to oversee and manage the business operation of the company.



Mr.
Zadey Che Wan Bin Abdullah Fadzil’s experience in management and marketing has led the Board of Director to reach the conclusion
that he should serve as a Director of the Company. On October 26, 2016, Mr. Zadey Che Wan Bin Abdullah Fadzil-was appointed as
the Director of the Company.



The
Company has not entered into any material plan, contract or arrangement (whether or not written) with any of the new officers
or directors appointed on October 26, 2016.



11







TERM
OF OFFICE



All
directors hold office until the next annual meeting of the stockholders of the Company and until their successors have been duly
elected and qualified. The Company’s Bylaws provide that the Board of Directors will consist of no less than three members.
Officers are elected by and serve at the discretion of the Board of Directors.



CERTAIN
LEGAL PROCEEDINGS



No
director, nominee for director, or executive officer of the Company has appeared as a party in any legal proceeding material to
an evaluation of his ability or integrity during the past three years.



SIGNIFICANT
EMPLOYEES AND CONSULTANTS



Other
than our officers and directors, we currently have no other significant employees.



AUDIT
COMMITTEE AND CONFLICTS OF INTEREST



Since
we do not have an audit or compensation committee comprised of independent directors, the functions that would have been performed
by such committees are performed by our directors. The Board of Directors has not established an audit committee and does not
have an audit committee financial expert, nor has the Board of Directors established a nominating committee. The Board is of the
opinion that such committees are not necessary since the Company is an early exploration stage company and has only two directors,
and to date, such directors have been performing the functions of such committees. Thus, there is a potential conflict of interest
in that our directors and officers have the authority to determine issues concerning management compensation, nominations, and
audit issues that may affect management decisions.



There
are no family relationships among our directors or officers. Other than as described above, we are not aware of any other conflicts
of interest with any of our executive officers or directors.



12







SECTION
16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE



Section
16(a) of the Securities Exchange Act of 1934 requires our executive officers and directors, and persons who own more than ten
percent of a registered class of our equity securities, file reports of ownership and changes in ownership with the SEC. Executive
officers, directors and greater-than-ten percent stockholders are required by SEC regulations to furnish us with all Section 16(a)
forms they file. Specific due dates for these reports have been established and the Company is required to report in this report
any failure to file by these dates.



All
of these filing requirements were satisfied by the Company’s Officers, Directors, and ten-percent holders.



In
making these statements, we have relied on the written representation of our Directors and Officers or copies of the reports that
they have filed with the Commission.



CODE
OF ETHICS



The
Company has adopted a code of ethics that applies to its principal executive officers, principal financial officer, principal
accounting officer or controller, or persons performing similar functions.





13







ITEM
11. EXECUTIVE COMPENSATION



The
following tables set forth certain information about compensation paid, earned or accrued for services by our Chief Executive
Officer and all other executive officers (collectively, the “Named Executive Officers”) in the fiscal years ended
December 31, 2016:



SUMMARY
COMPENSATION TABLE



The
table below summarizes all compensation awarded to, earned by, or paid to our former Officers for all services rendered in all
capacities to us as of the year ended December 31, for the fiscal year ended as indicated.



|Name and                             |  |      |      |  |        |  |   |       |  |  | Stock  |  |  | Option |   |  | Non-Equity
    
    Incentive
    Plan |  |   | Non-qualified
    Deferred |  |  | All
    Other |  |  |       |  
|------------------------------------ |  | ---- | ---- |  | ------ |  | - | ----- |  |  | ------ |  |  | ------ | - |  | -------------------------------------- |  | - | -------------------------- |  |  | ------------- |  |  | ----- | -
|Principal                            |  |      |      |  | Salary |  |   | Bonus |  |  | Awards |  |  | Awards |   |  | Compensation                           |  |   | Compensation               |  |  | Compensation  |  |  | Total |  
|Position                             |  | Year |      |  | ($)    |  |   | ($)   |  |  | ($)    |  |  | ($)    |   |  | ($)                                    |  |   | ($)                        |  |  | ($)           |  |  | ($)   |  
|                                     |  |      |      |  |        |  |   |       |  |  |        |  |  |        |   |  |                                        |  |   |                            |  |  |               |  |  |       |  
|Tan Chee Hong (1)                    |  |      | 2016 |  |        |  | 0 |       |  |  | 0      |  |  |        | 0 |  |                                        |  | 0 |                            |  |  | 0             |  |  |       | 0
|                                     |  |      |      |  |        |  |   |       |  |  |        |  |  |        |   |  |                                        |  |   |                            |  |  |               |  |  |       |  
|Choy Cheng Choong (2)                |  |      | 2016 |  |        |  | 0 |       |  |  | 0      |  |  |        | 0 |  |                                        |  | 0 |                            |  |  | 0             |  |  |       | 0
|                                     |  |      |      |  |        |  |   |       |  |  |        |  |  |        |   |  |                                        |  |   |                            |  |  |               |  |  |       |  
|Loke Yeu Loong (3)                   |  |      | 2016 |  |        |  | 0 |       |  |  | 0      |  |  |        | 0 |  |                                        |  | 0 |                            |  |  | 0             |  |  |       | 0
|                                     |  |      |      |  |        |  |   |       |  |  |        |  |  |        |   |  |                                        |  |   |                            |  |  |               |  |  |       |  
|Teo Joo Meng (4)                     |  |      | 2016 |  |        |  | 0 |       |  |  | 0      |  |  |        | 0 |  |                                        |  | 0 |                            |  |  | 0             |  |  |       | 0
|                                     |  |      |      |  |        |  |   |       |  |  |        |  |  |        |   |  |                                        |  |   |                            |  |  |               |  |  |       |  
|Zadey Che Wan BinAbdullah Fadzil (5) |  |      | 2016 |  |        |  | 0 |       |  |  | 0      |  |  |        | 0 |  |                                        |  | 0 |                            |  |  | 0             |  |  |       | 0



|(1) | CEO,
    Secretary, Director, Chairman
|--- | --------------------------------------
|    |                                       
|(2) | CFO,
    Treasurer, Director          
|    |                                       
|(3) | President,
    Director               
|    |                                       
|(4) | Director                              
|    |                                       
|(5) | Director                              



None
of our directors have received monetary compensation since our inception to the date of this Annual Report on Form 10-K. We currently
do not pay any compensation to our directors serving on our board of directors.



STOCK
OPTION GRANTS



We
have not granted any stock options to the executive officers since our inception. Upon the further development of our business,
we will likely grant options to directors and officers consistent with industry standards.



EMPLOYMENT
AGREEMENTS



The
Company is not a party to any employment agreement and has no compensation agreement with any of its officers and directors.



14







|ITEM12. | SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED
STOCKHOLDER MATTERS
|------- | ----------------------------------------------------------------------------------------------



The
following table lists, as of December 31, 2016, the number of shares of common stock of our Company that are beneficially owned
by (i) each person or entity known to our Company to be the beneficial owner of more than 5% of the outstanding common stock;
(ii) each officer and director of our Company; and (iii) all officers and directors as a group. Information relating to beneficial
ownership of common stock by our principal shareholders and management is based upon information furnished by each person using
“beneficial ownership” concepts under the rules of the Securities and Exchange Commission. Under these rules, a person
is deemed to be a beneficial owner of a security if that person has or shares voting power, which includes the power to vote or
direct the voting of the security, or investment power, which includes the power to vote or direct the voting of the security.
The person is also deemed to be a beneficial owner of any security of which that person has a right to acquire beneficial ownership
within 60 days. Under the Securities and Exchange Commission rules, more than one person may be deemed to be a beneficial owner
of the same securities, and a person may be deemed to be a beneficial owner of securities as to which he or she may not have any
pecuniary beneficial interest. Except as noted below, each person has sole voting and investment power.



The
percentages below are calculated based on 6,300,000 shares of our common stock issued and outstanding as of December 31, 2016.
We do not have any outstanding warrant, options or other securities exercisable for or convertible into shares of our common stock.



|                   |  | Name and Address                                  |  | Number
    of Shares   |           |     | Percent
    of  | 
|------------------ |  | ------------------------------------------------- |  | ---------------------- | --------- | --- | --------------- | 
|Title
    of Class |  | of
    Beneficial Owner                           |  | Owned
    Beneficially |           |     | Class
    Owned | 
|                   |  |                                                   |  |                        |           |     |                 | 
|Common Stock:      |  | Viktor Zeziulia                                   |  |                        |           |     |                 | 
|                   |  | Departing CEO and Departing Director              |  |                        |           |     |                 | 
|                   |  | AV. Amazonas N41-125 Y Isla
    Baltra, Quito, EC |  |                        | 0         | *   |                 | 
|                   |  |                                                   |  |                        |           |     |                 | 
|Common Stock:      |  | Tan Chee Hong                                     |  |                        |           |     |                 | 
|                   |  | CEO and Director                                  |  |                        |           |     |                 | 
|                   |  | 229-A Kg Lapan, Bacang, 75200 Melaka,             |  |                        | 500,000   |     |                 | 
|                   |  | Malaysia                                          |  |                        |           |     |                 | 
|                   |  |                                                   |  |                        |           |     |                 | 
|Common Stock:      |  | Choy Cheng Choong                                 |  |                        |           |     |                 | 
|                   |  | CFO and Director                                  |  |                        |           |     |                 | 
|                   |  | 26,Jalan Sri Hartamas 12, Sri Hartamas,
    50480 |  |                        | 500,000   |     |                 | 
|                   |  | Kuala Lumpur, Malaysia                            |  |                        |           |     |                 | 
|                   |  |                                                   |  |                        |           |     |                 | 
|Common Stock:      |  | Loke Yeu Loong                                    |  |                        |           |     |                 | 
|                   |  | President, Director                               |  |                        |           |     |                 | 
|                   |  | No. 15 Jalan l/l42, Taman Orkid Desa,
    56000   |  |                        | 1,500,000 | (1) |                 | 
|                   |  | Kuala Lumpur, Malaysia                            |  |                        |           |     |                 | 
|                   |  |                                                   |  |                        |           |     |                 | 
|Common Stock:      |  | Teo Joo Meng                                      |  |                        |           |     |                 | 
|                   |  | Director                                          |  |                        | 500,000   |     |                 | 
|                   |  | 1, Jalan Kuning Muda 6, Taman Pelangi,
    80400  |  |                        |           |     |                 | 
|                   |  | Johor Bahru, Malaysia                             |  |                        |           |     |                 | 
|                   |  |                                                   |  |                        |           |     |                 | 
|Common Stock:      |  | Zadey Che Wan Bin Abdullah Fadzil                 |  |                        |           |     |                 | 
|                   |  | Director                                          |  |                        | 1,500,000 | (2) |                 | 
|                   |  | 1, Lorong Bayu Nyaman A, Country Heights,         |  |                        |           |     |                 | 
|                   |  | 43000 Kajang, Selangor, Malaysia                  |  |                        |           |     |                 | 
|                   |  |                                                   |  |                        |           |     |                 | 
|Common Stock:      |  | Fatimah Binti Abdillah                            |  |                        |           |     |                 | 
|                   |  | Istana Al-Muktafi Billah, 20400 Kuala             |  |                        | 500,000   |     |                 | 
|                   |  | Terengganu, Malaysia                              |  |                        |           |     |                 | 



*
Viktor Zeziulia sold all of his 5,000,000 shares of the Company’s Common Stock, effective October 26, 2016, and now owns 0%.



l)
Mr. Loke Yeu Loong’s 1,500,000 shares include 500,000 held in his own name, plus an additional 1,000,000 shares held in the name
of Grade Competence Sdn Bhd, an entity beneficially owned and controlled by Mr. Loke Yeu Loong and his wife, Liau Kuan Mee.



2)
Zadey Che Wan Bin Abdullah Fadzil’s 1,500,000 shares include 500,000 held in his own name, and an additional 500,000 shares held
in the name of his father, Abdullah Fadzil Bin Che Wan, who lives in the same household, and an additional 500,000 shares held
in the name of Abdullah Fadzil Che Wan Holdings Sdn Bhd, an entity beneficially owned and controlled by Mr. Abdullah Fadzil Bin
Che Wan and his wives.





ITEM
13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS



None.



ITEM
14. PRINCIPAL ACCOUNTING FEES AND SERVICES



For
the year ended December 31, 2016 the total fees charged to the company for audit services, including quarterly reviews were $10,700
(2015: $0), for audit-related services were $0 (2015: $0) and for tax services and other services were $1,650 (2015:

$0)
and $0 (2015: $0), respectively.



15







PART
IV



ITEM
15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULE



(a)
The following Exhibits, as required by Item 601 of Regulation SK, are attached or incorporated by reference, as stated below.





|Number         |  | Description                                                                                                
|-------------- |  | -----------------------------------------------------------------------------------------------------------
|               |  |                                                                                                            
|3.1            |  | Articles
    of Incorporation*                                                                             
|               |  |                                                                                                            
|3.2            |  | Bylaws*                                                                                                    
|               |  |                                                                                                            
|31.1           |  | Certification
    of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
|               |  |                                                                                                            
|31.2           |  | Certification
    of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
|               |  |                                                                                                            
|32.1           |  | Certification
    of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
|               |  |                                                                                                            
|32.2           |  | Certification
    of Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
|               |  |                                                                                                            
|101.INS
    ** |  | XBRL
    Instance Document                                                                                 
|               |  |                                                                                                            
|101.SCH
    ** |  | XBRL
    Taxonomy Extension Schema Document                                                                
|               |  |                                                                                                            
|101.CAL
    ** |  | XBRL
    Taxonomy Extension Calculation Linkbase Document                                                  
|               |  |                                                                                                            
|101.DEF
    ** |  | XBRL
    Taxonomy Extension Definition Linkbase Document                                                   
|               |  |                                                                                                            
|101.LAB
    ** |  | XBRL
    Taxonomy Extension Label Linkbase Document                                                        
|               |  |                                                                                                            
|101.PRE
    ** |  | XBRL
    Taxonomy Extension Presentation Linkbase Document                                                 



*
Incorporated by reference to the Registrant’s Form S-1 (File No. 333-209497), filed with the Commission on February 11,
2016.



**  XBRL
(Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus
for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.



16







SIGNATURES



In
accordance with Section 13 or 15(d) of the Securities Exchange Act, the registrant caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.



INBIT
    CORP.

(Name
    of Registrant)



|Date:
    November 13, 2017 | By:    | /s/
    TAN CHEE HONG                   
|--------------------------- | ------ | ----------------------------------------
|                            | Name:  | TAN
    CHEE HONG                       
|                            | Title: | Chief
    Executive Officer and Chairman
|                            |        |                                         
|Date:
    November 13, 2017 | By:    | /s/ CHOY CHENG CHOONG                   
|                            | Name:  | CHOY CHENG CHOONG                       
|                            | Title: | Chief Financial Officer and Treasurer   











































17







EXHIBIT
INDEX





|Number     |  | Description                                                                                            
|---------- |  | -------------------------------------------------------------------------------------------------------
|           |  |                                                                                                        
|3.1        |  | Articles of Incorporation*                                                                             
|           |  |                                                                                                        
|3.2        |  | Bylaws*                                                                                                
|           |  |                                                                                                        
|31.1       |  | Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
|           |  |                                                                                                        
|31.2       |  | Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
|           |  |                                                                                                        
|32.1       |  | Certification of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
|           |  |                                                                                                        
|32.2       |  | Certification of Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
|           |  |                                                                                                        
|101.INS ** |  | XBRL Instance Document                                                                                 
|           |  |                                                                                                        
|101.SCH ** |  | XBRL Taxonomy Extension
    Schema Document                                                            
|           |  |                                                                                                        
|101.CAL ** |  | XBRL Taxonomy Extension
    Calculation Linkbase Document                                              
|           |  |                                                                                                        
|101.DEF ** |  | XBRL Taxonomy Extension
    Definition Linkbase Document                                               
|           |  |                                                                                                        
|101.LAB ** |  | XBRL Taxonomy Extension
    Label Linkbase Document                                                    
|           |  |                                                                                                        
|101.PRE ** |  | XBRL Taxonomy Extension
    Presentation Linkbase Document                                             



*
Incorporated by reference to the Registrant’s Form S-1 (file no. 333-209497), filed with the Commission on February 11,
2016.



** XBRL
(Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus
for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.



18